Profit and Loss - Shortcuts & Tricks for Placement Tests, Job Interviews & Exams

Crack the quantitative aptitude section of Placement Test or Job Interview at any company with shortcuts & tricks on Profit and Loss. Extremely helpful to crack entrance exams like MBA, Banking - IBPS, SBI, UPSC, SSC, Railways etc.
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#ProfitAndLoss #QuantitativeAptitude #PlacementTest
0:00 Quantitative Aptitude
0:44 Formula
8:00 Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?
11:23 Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, how many planes did he buy in 1 rupee?
14:13 Uma wants to gain 15% profit on her sale of sugar. She buys 120 kg of sugar at Rs. 24 per kg to mix with 180 kg of sugar bought at Rs. 28 per kg. She sells the sugar mix at.....
17:35 Guddi buys some oranges in a shop at 4 per rupee. She goes to other shop and buys same number of oranges at 5 per rupee. She then combines them in a basket and sells them at 4 per rupee. Will she get a profit or loss? And how much? EASY
22:53 Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What
26:46 Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on rest of
30:57 A sold a car to B at a profit of 25%. Bincurred loss of 15% while selling the same car to C. A spent Rs. 50000 for this car. At what price did C buy it?
33:40 A cheater manipulated his weighing machine so that it shows 1 kg for 970 grams. How much profit does he get?
35:08 Rohit got profit of 11% % by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
36:57 Chaman sells 40 fans at 10% profit. He wants a total of 20% profit on the entire sale. Since he got 160 fans at rate of Rs. 100 each, at what profit must he sell the remaining fans?
40:42 Suman buys 160 chocolates for Rs. 480. She wanted to earn 30% profit by selling them. But Rakesh visited her and she gave him 25% of those chocolates at the cost price itself. But even after doing this, she earned a profit of 30% as decided. For how much
44:07 Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find the original price of the statue.
46:42 A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and printed price of the book is
48:39 The ratio of cost price and selling price is 4:5. The profit
49:27 If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is?
51:19 A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent is? EASY

[@CareerRideOfficial]

Practice Questions on "Profit and Loss" available at: www.careerride.com/mcq/profit-and-loss-quantitative-aptitude-mcq-questions-30.aspx

[@radhabandla8682]

Tq so much sir

[@Akshay-jl7os]

sir pls suggest me BNP Paribas company is visiting our campus ,so what is exam pattern for BNP Paribas means which type of section are there in exam ?? BNP Paribas is coming for internship so pls tell me aptitude exam pattern. As well as is there any negative marking or not ??

[@ishitadhiman8726]

Sir I am not satisfied by the answer of 11th question

[@pavangopal8441]

Hello sir u mentioned in the question that some oranges are brought at 4per rupee and same number of oranges are brought at 5 per rupee can u put a comment whether it is 4rs per orange and 5rs per orange or 4oranges for 1rupee and 5oranges for 1rupee cause it is mentioned that he brought same number of oranges from both the shops Hope u will find my comment and solve this miscommunication problem 🙂🙂

[@meditatingchimp7433]

@@pavangopal8441 yes sir. 4th question. Please check it once. Same number of oranges were bought at both the shops.

[@sanketjori4186]

After reading the question along with him Me : ohh its so tough + feeling panic He : again so so easy question Me : depressed + feeling dumb

[@joshuatheunkownuniverse.2475]

😂😂😂 It's easy bro.

[@samitasahoo9415]

The last question answer can be done in 3 step.. CP of 1 lemon= 1/2=0.5 SP of 1 lemon= 3/5=0.6 %Profit = {P/CP} x100 = =(0.1/0.5)x 100 = 20%

[@ramavathar1616]

Ur way of teaching is as amazing as this concept 😌...after the question when u say-this ones very easy!! This brings confidence in us😂😌

[@reewrite]

Thank you for going into details ,Sir. I don't have a strong maths foundation even if I know the basics ,so thank you so much for explaining in details on where to add and why to add. Because sometimes it's difficult to understand why it has been added or how the 100 came into existence.

[@tannupanwar1984]

The only teacher on youtube makes me feel like arthmetic is easy his concepts are very clear and so easy ❤️❤️❤️

[@rajpasula2141]

❤

[@sravanbaja2974]

❤️

[@soham7109]

Thankyou Sir!!!!!!! Its only because of you I was able to crack company aptitude rounds.....

[@MohammadImran-rn1vg]

He is such a great person. He is still replying to comments even after 5 years.

[@theprivatespeaker]

27:40 *Whenever he says its common-sense , I feel like an idiot*

[@mehulipanja9756]

Exactlyy! 🤣🙂🙂

[@srivathsans4943]

Crct 😂

[@monikarathore133]

😂😂

[@tannupanwar1984]

😂😂😂😂😂

[@fathimuthsuhrar2163]

😂😂

[@pravallikapulivendula14]

Q15. 40 SP = 50 CP SP/CP = 50/40 => 5/4 Assume SP = 5, CP = 4 then Profit = 5 - 4 = 1 Finally, Profit % = (1/4) * 100 => 25%

[@prasunap6004]

good explanation :)

[@excelskills8847]

not accurate

[@FizzaSaiyad-hx9xv]

I can bet you guys..this is the only channel that will help you for any exams ... thankyou so much sir 💓

[@_sayandas]

Any exam? Okay then you lost the bet this didnt help me in my 6th sem exam. Give me money

[@souravjoshishorts7199]

​@@_sayandas😂

[@rehanshah2091]

For 17:45 Let the number of oranges purchased be 40 (divisible by both 4 and 5), so: Oranges Rate Amount 40 1/4 10 40 1/5 8 __________________________ No. = 80 CP= 18 She sold 80 oranges @ 1/4 so Amount received = 20 Profit = 20-18=2 Profit % = 2/18 x 100 = 1/9 x 100 = 100/9 %

[@chaitanyapatil5132]

This is a better way thank u🙌

[@harshapriya6977]

Thank you for the easiest way 🙏

[@aman7425]

Number of oranges 🟠 can be 20 as 20 is divisible by both 4 and5

[@rehanshah2091]

@@aman7425 yes, you will get same answer with that too..

[@AbhishekJaiswal24]

Bro can you help me with aptitude questions , i can pay you

[@aleenabiju200]

sir,its very helpful .thank you

[@priyanshikushwaha4048]

very very helpful really ..trust me content covers all the possible questions.. thankyou! 😃😃😃😃😃💚

[@Srishti-ss3zs]

There is a big difference between "it's not difficult" and "it's very easy", "it's very easy" creates a very positive and doable attitude in the student's mind and declines the possibility to quit or change mind, thank you so much for these amazing videos...

[@shaikrashed4776]

best explanation where he made our aptitude easy

[@farazinlove6935]

It is helpfull thank you sir you touched almost all important questions of the topic

[@divyaangane5304]

Thank you sooo much... You have explained it very easily.... Thanks alot it helped

[@SayimaMalik]

Thank you so much sir...really helpful ❤❤

[@ayushijaiswal9325]

thankyou so much seriously your channel will gona help me alot in my placement drive i can surely say this ....thanks alot

[@easylearning9384]

Tq sooo much sir it's very useful...🔥🔥.keep growing...❤️❤️

[@chintuthedevilgudimelli9700]

16th question can be solved without any assumptions. The given question tells us that the lemon seller bought two lemons for one rupee, so the cost price of one lemon is 1/2 rupee. After that, he sells 5 lemons for 3 rupees, so the selling price would be 3/5 rupees for one lemon. From the basic formula he taught [ S.P = (100+pr%) * C.P ] , we can get the answer, which is 20%.😎 Fantastic lecture sir, thanks.

[@vaishnavsuresh6425]

Poda avudane

[@AbhishekJaiswal24]

Can you help me with aptitude questions tommorow i can pay you as well

[@shobhitsharma2391]

Can you explain the Q5, without shortcut and using actual formulas?

[@_NiliQueen]

All vedios from this series are good.. thanks sir..

[@subratkumarbarik6290]

Thank you sir for clearing my concept on profit and loss.

[@iqsolution099]

Sir..this vry help full..

[@ankitanishad2477]

Thank you so much for making my concepts crystal clear ❤️. I used to fear alot earlier by just looking at the aptitude questions, now I feel confident to solve them and it is just because of this channel 🙏

[@kramu2176]

See how easy it was!! very helpfull

[@mdadilraza4059]

Nice way of teaching sir thank you to make aptitude easy and clear all the concept

[@awatekeerthi6239]

Thank you sooo much sir. Awesome teaching ❤️❤️❤️

[@anoushkaachoudhary1103]

I watched the complete video and now all my concepts are clear! Thank You!!

[@gopavaramsaimadhuree520]

Thank you.Superb explanation

[@chukkalajohn566]

Thank you sir good explanation

[@RampaukoudingLawrenceHau]

Building my arithmetic/ quantitative aptitude foundation from CareerRide, Thank you Sir !🏃🏃🏃

[@Yashila_Jonnada]

Thank You very much Sir, I'm a beginner and your video helped me a lot.

[@lakshmipathy0710]

Wonderful explanation once again Sir. Thank you very much for kind teaching 😀😀😀🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@reisangchonchamroy6968]

Thank you so much... It means a lot 😭❤️

[@priya_sharmaa]

You're a great teacher ❤️

[@jd_ralte]

Great teacher with all english as it is...🤗 And I can't speak hindi... Thank you sir

[@mohankrishna3664]

Thanks for this video sir

[@diyagoyal3356]

This page has always helped me in preparation for entrance exam. you will get detailed videos and thorough explanation of concepts with question solving techniques. Amazing!

[@meghajha7807]

Going through your videos enables to solve most of the questions. Thanxx allot sir. God bless you

[@CareerRideOfficial]

You're welcome, Megha. Glad that you found the videos useful. Stay connected :)

[@sddhnntwghmre9351]

I guess 4th question is wrong one

[@aakashravte759]

@@sddhnntwghmre9351 haa i think its loss of 100/9 right

[@forefatherofmankind3305]

Jhuti

[@afshanjabeen5445]

Thank you sir, Can u take the class for mensuration

[@chiru6049]

thank u sirr.... u solved different types of .......

[@madhumitamahapatra3277]

Wonderfull explanation sir!! Thank you sir :))

[@aishwaryas5649]

Best questions on quantitative aptitude for campus interview

[@sasuke3737]

Did it really help u.. i mean i find it too easy... isn't it below level

[@hari7110]

last 🍋question for 1rs --> 2 🍋(so for 1🍋=0.5rs) which is CP for 3rs --> 5🍋 (so for 1 🍋= 0.6rs) which is SP SP-CP=profit----->0.6-0.5=0.1 profit percentage= (0.1/0.5)*100 = 20%

[@vickrantchaudhari8572]

Thank You Sir u r life saver

[@prajwalks7254]

Worth watching video bro tq so much

[@Dev0274]

All my doubts about Profit & Loss cleared after watching this.. Tq so much ✌

[@bhawuksharma646]

aaa m batau ..... kitte doubts clear hue tere

[@sachinupreti7159]

@@bhawuksharma646 right 😂😂😂

[@pulkitgarg8775]

Amazing video sir but just that the last question can be solved with bit more optimised solution as the cost for one lemon can be calculated as 1/2 rupees and the selling price for one lemon can be calculated as 3/5 rupees. By that, we can calculate the profit by SP - CP = 1/10. Then we can calculate the profit percentage easily as 20%.

[@rohanvig7980]

Yes bro i use the same method and got the correct answer !!

[@shobhitsharma2391]

Can you explain the Q5, without shortcut and using actual formulas?

[@bantairapper6642]

Aap jo bolrhe ho woh mujhe sikhna hai mujhe batav kaha se sikhu yt link

[@learnwithmandeep89]

Thank You Sir.......!

[@pegasus3561]

Tnq sir,, nice explanation 👍

[@AmitKumar-pw1ln]

Sir , Make Video On Cript Arithmetic

[@vikaschoudhary1]

Q 10) divide fans in 4 parts, each with 40 fans. One part profit is 10% , other three have same profit and total is 20% Let a be the profit % 10/4 +3a/4 =20% Solve for a = 70/3 =23.333%

[@risp2727]

10/4 +3a/4 has been done logically or with any particular equation??

[@nikhilchauhan319]

They are asking at percentage remaining fans need to be sold and total profit should be 20%.

[@rhythmofsoulletsdance]

Videos r really helpful ❤😊

[@indiaindia322]

Sir, your class is very fantastic, very good,

[@banturaghavendra1735]

I want data interpretation of piecharts , graphs ,linegraphs

[@banshanlangmukhim4620]

Thank you sir for this trick in percentage calculations.. please do for rational expressions if possible... Thank you

[@CareerRideOfficial]

You're welcome, Banshanlang! Please subscribe for more career related videos and stay connected :)

[@NIVETHAV-hc4wd]

IT IS VERY USEFUL.

[@manavbagchi6218]

thank you for making the video sir

[@samarthpatil4924]

my problem is at the 10th question..... if chaman sells remaining fans at profit of 23.33% then it would exceed the condition as we want only 20% PROFIT on entire sale

[@deadlyq9299]

Cs

[@ashikkumar3577]

Q12. I thought 50% of P(original price) = 2025 , because when he gets discount of 20% percent, this 20% discount will become 25% of profit while selling. and additional 25% of profit so in total Profit Percentage=50%. According to the calculation on same formula: 2025=(50/100)*P P=4050 My original price was Rs.4050 50% of 4050 is 2025 as per the question. 45% of 4500 is also Rs.2025. Now the question is which original price is correct? Which method is correct? Kindly clarify this.

[@laharibasu9731]

Great work ❤️❤️

[@KrishNamaste]

Thank you so much!

[@PreetiGupta-tz3lo]

Thank you very much sir.This is actually what I need ☺️

[@evebrown2213]

Before solving every single problem he says "IT IS VERY VERY EASY"... and it really is easy.😇

[@rrcatlover1843]

Very helpful 👍 video thanks for your time

[@shwetachoudhary9003]

Thank you soo much❤

[@cheerladinnemouli2864]

Sir i didn't get whether that 4th question was right or wrong.but awesome explanation sir😇🤗,,

[@sohanchavhan8086]

if u didnt get that then how can u say that it was awesome

[@nirvana4623]

Yes i was thinking same,how she could have profit if she sells 4rs+5rs oranges at 4rs price...logically she would have loss

[@rr-ro3cb]

@@nirvana4623 actually 4 and 5 not represent rupees..its 4 orange for 1 rs in one shop and 5 orange for 1rs in another shop .

[@venkateshvenkey371]

@@nirvana4623 totl 9 oranges each sell at 1/4 per orange total 9/4= 2.22 rupees she gets after selling all then she has profit of 0.22 rupees....

[@167shivamrai2]

Q11 (42:19) what cp taken in formula is 480 , or it should be cp of remaing 120 choclates (ie 3 x 120 )

[@cricfire138]

Best teacher in the world ❤❤❤❤❤

[@sachin1209]

Your way is awsome

[@bhavyabhojani6289]

This video is very helpful, Thanku sir..

[@CareerRideOfficial]

You're welcome, Bhavya. We have got some interesting videos on Logical Reasoning, Resume Writing, HR Interview and Interview Q & A on core subjects as well. Do take a look :)

[@zainul_abdin_007]

Q 10 can be solved using division by 3 as in th case of earlier one, where we nullify the loss??

[@thunder_achiever]

Thank you, Sir.

[@perfectboy]

Thank you so much 🎈❤️❤️❤️❤️❤️

[@sathiskumar8551]

8.for instance 1000g= 100rs, He sells 970g = 100rs but actually cost for 970g=( 970/1000)*100 Cost= 97rs but he sells at 100 PR= 100-97= 3rs %pr=(3/100)*100= 3%

[@abineshkumar3021]

Your answer does not match , with what the teacher says

[@vardhinivm8444]

For the 16th problem, you can follow the same method as you did in the previous one, it's much faster.

[@AbhishekJaiswal24]

Can you help me with aptitude tommorow , i can pay

[@Justanerd239]

Very funny 🤪🤪😮‍💨😮‍💨@@AbhishekJaiswal24

[@garimasingh7031]

these videos have benefited me a lot thanks

[@krishnamaurya7132]

Thank you so much SIR

[@poojasreedas7050]

For elitmus please upload data sufficiency and data interpretation tips and tricks ...these we don't get even in books !!

[@Saresarele]

4 question guddi busy orange s was a little bit confusion how she get profit when she sell for 1 rs loss

[@kandagadlamanojkumar3882]

Well Explained and easy tricks

[@QAYEESIMRUL]

Youa are great brother ❤️

[@subodhpatil3698]

In Q3 ,why not take minus sign in formula in 3rd year calculation, as 3rd year rate decreases by 8%?

[@ChanchalKumar-gd8pw]

Sir a humble request to make video on mathematical operations Venn diagrams individually Assertion and reasons Logical deductions Please please please sir 🙏 🙏

[@zaibunissa5871]

Very helpful

[@sandyarubiya9214]

Very good explanation sir. Really it is very helpful to me. Pls keep making videos sir. Thanq

[@CareerRideOfficial]

You're welcome, Sandya! Do take advantage of our videos on HR Interview, Resume writing and other core topics :)

[@santoshsagar9203]

Sir can you place make video on graphs, simple equations , quadratic equations .

[@soothingsounds.3042]

What to do in Question 5 if profit and loss % are different????

[@mohammedabusufiyan8934]

Tab you could calculate the profit and loss individually 😅

[@afroztamanna960]

Soooooooo easy method sirji thanks

[@jagadeeswarin2352]

Super sir... .

[@indujachenthamarakshan4783]

In 12th sum if original price is 4500 then how 20% profit gives Rs. 2025... It's almost 50% profit..

[@poojan9552]

For Q.No.1 you can directly get answer in one step by 2880*120÷80

[@rathnaacharya959]

Very useful sir

[@gurmeharkalra3938]

amazing videos!

[@rajmanikushwaha4421]

In 11th 120 chocolates profit should be ₹108 not ₹144

[@pravin478]

how

[@jitendersingh2483]

This 144 profit he gets from 160 (rs 480) chocolate not from 120 chocolates

[@deepakj6546]

4th queston answer is loss how come 1/40 >1 its 0.025 ...by common logic she gets organes for two prices 4 and 5 but sells at 4 every orange she brought for 5rs is now loss of 1rupees how it is profit i cant understand

[@srikanthjeeluka6722]

Brother think she brought 1 orange from 1 shop price is 0.25 and other orange in other shop price is 0.20 the total price for 2 oranges is 0.45 she sell 1 orange @ 0.25 so by selling 2 oranges she gets 0.50 rupees so there is profit of 5 paise

[@BalrajSingh-bn2us]

now let me tell you where you are mistaken , she doesn't buy oranges @ Rs.4 and Rs.5 instead she buys them @ Rs. 0.25 and Rs. 0.20 and sells them @ Rs. 0.25 , hence she'll be in profit

[@subrahmanyapoojari1362]

Thank you for this wonderful session sir🥰🥰

[@hrushikeshwasamkar2423]

Thank you sir , you are doing great work